Tax slabs

Income tax slabs for financial year 2017-18

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Through this blog, we shall share the Income tax slabs for Financial year 2017-18 i.e.Assessment year 2018-19. As per Union Budget 2017 the Income Tax slab rate for financial year 2017-18 has been reduced to 5% for individuals having income between Rs 2.5 lakhs to Rs 5 lakhs. This Income tax slab rate was 10% for the … Read more

Income Tax Slabs for Financial Year 2016-17

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As per the Union Budget 2016 ,there has been no change in the Income tax slab rates for the financial year 2016-17.The Income tax slabs are the same as that of financial year 2015-16. Income tax is calculated on the Taxable income of an assessee as per the Income tax slab rates that are applicable for the … Read more